Tag: US

Regulation
President Biden’s executive order and what happens now

Summary President Biden’s executive order paves the way for full integration of crypto into the US financial system The SEC has promised greater crackdowns on crypto exchange noncompliance Thanks to the new infrastructure bill, crypto exchanges need to notify the IRS of transactions As the stablecoin economy crumbles, Treasury secretary Janet Yellen pushes for further […]

3 years ago
CryptoCryptocurrencies
Inflation and Bitcoin – what does it mean for the daily shop?

BITCOIN – FULL FAT OR SEMI-SKIMMED? Inflation is once again becoming the bogeyman of western economies, the Bitcoin price has nearly halved, interest rates are rising and markets are jumpy but where does that leave the everyday shopper? There’s no doubt that rising inflation is the one thing all governments are keen to avoid – […]

3 years ago
Crypto TaxRegulationTax
How is crypto taxed in the United States

When cryptocurrency was in its infancy, there were very few rules around how it should be taxed or whether it should be taxed at all. The concept of cryptocurrency taxes didn’t really exist at the beginning. Indeed, there were a number of investors and traders who started trading for this very reason. Now, however, as […]

3 years ago
Crypto
Is Bitcoin going mainstream?

Bitcoin – the crypto that came in from the cold. Despite the dramatic price falls in Bitcoin at the tail end of 2021, Germany is giving the go-ahead for Bitcoin and Ethereum to form part of a nationwide savings offering, and Fidelity in the US is to allow Bitcoin to form up to 20% of employee investment schemes. Does […]

3 years ago
Crypto ATMs
Bitcoin ATMs – A passing trend?

Remember when crypto was still niche and there was a need for ATMs to buy assets such as Bitcoin? Of course you do. Indeed, the number of (Bitcoin ATMs) had grown from 348 in March 2015 to 37,320 in the latest data, according to CoinATMRadar. However, as the development of the Blockchain has advanced, it […]

3 years ago